Overview

Parametric cover for the hours US stocks are shut.

VIGIL sells overnight and weekend gap cover on tokenized NVDA. You pick a notional and a threshold. You pay a premium in USDG. At the reopen the contract compares two consensus prices. If the drop is worse than the threshold, the vault pays the difference, capped.

There is no human loss assessment. If either boundary price is missing, the contract voids and refunds the premium. It never settles on a stale print.

Launch is NVDA only. Weekly expansion after the pricing model is validated on 12 months of history. Intraday cover, upside cover, leverage, and third-party vault deposits are out of scope.